Global smartphone processor shipments have taken a sharp hit, declining by 21% amid broader market challenges. Despite this significant drop across the semiconductor sector, industry giants Apple and Samsung have reportedly weathered the downturn better than their rivals.

The overall decline highlights ongoing headwinds for the smartphone market, where cooling consumer demand and supply chain adjustments have impacted chip orders globally. While smaller manufacturers and competing chipmakers felt the pressure of reduced volumes, top-tier brands maintained stronger footing.

Apple's relative resilience points to sustained demand for premium devices, anchored by its flagship iPhone family. Even as the wider market contracts, the company's dedicated customer base continues to provide stability against sharp downward trends.

For a full breakdown of the data and market share figures, check 9to5Mac for full details.